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    Man held for abducting, raping minor in UP's Kushinagar
    Govt gets investment proposal worth Rs 16,000 cr under electronic component scheme
    Shah unveils new national policy to further strengthen cooperative movement
    European Central Bank leaves interest rates unchanged as it assesses impact of Trump tariffs
    India-UK trade deal: 3-yr exemption from social security payments to benefit 75,000 Indian workers
    India, UK ink historic trade deal that seeks to slash tariff lines, unlock thousands of jobs
    Karnataka cabinet to table Gig Workers’ bill in next assembly session
    ICMR recommends interventions to meet gap in machines needed for cancer care
    Promises Take Center Stage in Canara HSBC Life Insurance's New Campaign Featuring Jasprit Bumrah and Sanjana Ganesan
    Entrepreneur Nirvaan Birla Releases His Musical Debut with Soulful Track Shankaraa, a Tribute to Lord Shiva on Shravan
    Karnataka cabinet approves space tech centre, key health projects
    SC junks plea for comprehensive study on adverse impact of freebies
    Comviva appoints Manish Agrawal as President and Chief Operating Officer to accelerate technology transformation and delivery excellence
    Monsoon - The Season of Healing
    WNS Announces Fiscal 2026 First Quarter Earnings
    IndoSpace expands its footprint in Maharashtra with the launch of 'IndoSpace Chakan V in Pune'
    Pudu Robotics Launches PUDU T600 Series to Redefine Heavy-Payload Industrial Delivery
    Royal Stag BoomBox Presents ‘SIGH’ — a Captivating Fusion of Bollywood Melody and Hip-Hop by Nikhita Gandhi & Dino James
    Airlines received 69 hoax bomb threats this year till July 20: Govt
    Tamil Movie Star Gautham Ram Karthik to be the New Face of Derby
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July 24, 2025
ECB Holds Interest Rate at 2% Amid US Tariff Uncertainty and Trade Negotiations Impacting Economy
The European Central Bank has maintained its benchmark interest rate at 2 percent amid uncertainty over the impact of US tariffs on the Eurozone economy. The bank has previously cut rates eight times since mid-2024 to support growth following inflationary pressures linked to geopolitical events. The decision to hold rates reflects ongoing trade negotiations between the EU and the US, with tariff rates threatened by the US ranging from 10 to 50 percent. Higher tariffs could reduce European export earnings and slow economic growth, potentially prompting further rate cuts. Current economic indicators show moderate growth and inflation aligned with targets, supported by a stronger Euro and lower global oil prices. The ECB is monitoring these factors closely before considering additional monetary easing, with analysts anticipating a possible rate cut in September depending on trade outcomes.
July 24, 2025
India-UK Free Trade Deal Exempts Indian Firms from Double Social Security for 3-Year Employee Transfers
An India-UK free trade agreement includes a provision under the Double Contribution Convention exempting Indian companies operating in the UK from making social security contributions for employees temporarily transferred from India for up to three years. This exemption benefits approximately 75,000 Indian workers and over 900 employers by preventing double social security payments during a stay of up to 36 months. The agreement aims to facilitate the movement of Indian IT professionals and other service providers to the UK, addressing a longstanding issue of double contributions. The broader trade deal also reduces tariffs on various goods, enhancing bilateral trade by an estimated USD 34 billion annually and benefiting the majority of Indian exports.
July 24, 2025
India-UK Trade Deal Cuts Tariffs on 99% Indian Exports, Boosts Jobs and Market Access by 2040
India and the UK have signed a Comprehensive Economic and Trade Agreement eliminating tariffs on 99 percent of Indian exports to the UK and significantly reducing UK tariffs on Indian imports, including key sectors such as textiles, footwear, agriculture, aerospace, automotive, and electrical machinery. The deal aims to boost bilateral trade by nearly 39 percent by 2040, create thousands of jobs, and enhance market access for both countries. Tariffs on British whisky will be halved immediately and further reduced over ten years. The agreement also includes a Double Contributions Convention to facilitate services trade, particularly in technology and finance, and promotes ease of doing business. The pact is expected to increase UK GDP by approximately £4.8 billion annually and provide new opportunities in clean energy and financial services, ensuring equal treatment for UK firms in India's insurance sector.
July 24, 2025
Karnataka to Introduce Gig Workers Social Security Bill 2025 with Rs 4 Lakh Insurance Coverage
The Karnataka cabinet approved converting an existing ordinance into the "Karnataka Platform-Based Gig Workers (Social Security and Welfare) - 2025" Bill to be introduced in the next legislative session. The law aims to provide social security benefits, including insurance coverage of Rs four lakh, to gig workers, especially in e-commerce and delivery sectors, covering approximately 230,000 workers. Additionally, the cabinet approved the renewal of a lease for a not-for-profit performing arts organization with a concession due to financial constraints, requiring payment of 25 percent of the lease value plus GST. The cabinet also authorized the premature release of 46 life convicts based on recommendations and approved the release of three other convicts under constitutional provisions, subject to central government consent.
July 24, 2025
Radiotherapy Use at 28.5% vs 58.4% Needed; Urgent Call for More Machines and Better Access
A national health research body identified a significant shortfall in radiotherapy utilization for cancer treatment, with only 28.5% of patients receiving radiotherapy compared to an optimal 58.4%. The study estimated that the country requires between 1,585 and 2,545 radiotherapy machines to meet demand, but currently has only 794, representing a 45% deficit from the minimum recommended standard. The shortfall is most acute for cancers of the breast, head and neck, lung, and cervix, which constitute 60% of radiotherapy needs. The report emphasized the need for increased investment in radiotherapy infrastructure, equitable distribution of services, and development of affordable indigenous machines. It also recommended enhanced cancer screening and early detection to reduce treatment burdens. The findings aim to guide policymakers in addressing resource gaps and improving access to effective cancer care nationwide.
July 24, 2025
Insurance Firm Launches Campaign with Sports Icon Highlighting Trust in Life and Legacy Planning
An insurance company launched a new marketing campaign featuring a well-known sports personality and media figure to emphasize its commitment to fulfilling long-term promises related to life and legacy planning. The campaign highlights the importance of trust, authenticity, and emotional support in financial planning, targeting young couples and modern families. The company, promoted by major banks, offers diverse life insurance products and is preparing for an initial public offering, having filed a draft red herring prospectus with the securities regulator. The company cautions investors about the risks involved in equity investments and advises reliance on the final prospectus rather than the draft. The proposed equity shares will not be publicly offered in the United States except under applicable exemptions.
July 24, 2025
Entrepreneur Releases Debut Devotional Track to Promote Mental Wellbeing During Religious Season
An entrepreneur released his debut musical track as part of a new album initiative, offering a devotional piece dedicated to a religious figure. The song, written and performed by the entrepreneur with music composed by a collaborator, aims to promote mental wellbeing through soothing melodies and spiritual reflection. The release coincides with a significant religious period and is available on major streaming platforms. The entrepreneur expressed that the music serves as a personal and spiritual anchor, intended to provide peace and emotional balance to listeners.
July 24, 2025
Karnataka Approves Space Tech Centre, Startup Fund, Health Projects, Ambulance Regulation & Fire Cess Amendments
The Karnataka cabinet approved the establishment of a Centre of Excellence in space technology as a Section 8 company with a Rs 10 crore budget over five years, partnering with an industry association and exempting the project from certain procurement rules. It also sanctioned the Local Economy Accelerator Programme with Rs 1,000 crore over five years to support startups. Amendments to the Karnataka Global Capability Centre Policy were approved for clarity without changing core objectives. Health initiatives include funding for a cancer treatment unit and a 450-bed hospital. The Revenue Minister was appointed chairperson of seven development boards, with proposed amendments to their governing Acts. The cabinet proposed a bill to regulate private ambulance services and mobile medical units, requiring registration within 30 days. Additionally, a one percent fire cess on property tax for new multi-storeyed buildings was approved to enhance fire department efficiency.
July 24, 2025
Supreme Court Rejects Petition for Expert Review and Fiscal Caps on Direct Cash Benefit Schemes
The Supreme Court dismissed a petition seeking the appointment of an expert committee to study the adverse effects of direct cash benefits, freebies, and state-sponsored schemes. The petition requested that the government only announce and implement such schemes after thorough economic and financial assessments by experts and approvals from relevant authorities, including the Reserve Bank and planning bodies. It also sought to cap allocations for these schemes at a fiscally sustainable level, not exceeding one percent of the Gross State Domestic Product or state revenues. The petition emphasized the need to ensure these schemes do not undermine long-term fiscal stability or divert funds from essential public services such as healthcare, education, and infrastructure. The court declined to entertain the petition and dismissed it.
July 24, 2025
Global Tech Firm Names New President & COO to Lead AI Integration and Business Growth Strategy
A global digital transformation company appointed a new President and Chief Operating Officer to lead technology transformation and enhance delivery excellence. The executive will oversee all product units, integrate advanced AI and next-generation technologies, and promote cross-functional collaboration to drive business growth and improve customer experiences. The appointment aligns with the company's strategic vision to expand market presence, deepen client relationships, and strengthen organizational capabilities. The executive brings extensive industry experience, including leadership roles in technology transformation, business management, and cybersecurity at a major multinational corporation. The company continues to invest in innovation and strategic partnerships to support its growth in the digital economy.
July 24, 2025
Monsoon Wellness Programs Combining Ayurveda, Yoga, and Modern Science for Holistic Health and Detox
A wellness hospitality group offers specialized monsoon wellness programs at a coastal resort in India, emphasizing Ayurveda and modern wellness science. The programs incorporate traditional healing practices such as Panchakarma, yoga, meditation, naturopathy, and healthy cuisine, tailored to enhance physical and mental well-being during the monsoon season. The group's wellness centers are accredited by a national healthcare board and promote responsible tourism by integrating environmental sensitivity and community inclusion. The retreat aims to provide guests with a restorative experience through personalized therapies and immersive nature-based activities, positioning monsoon as an optimal period for detoxification and emotional balance. The offerings range from short to extended stays, designed to support holistic health and stress management.
July 24, 2025
Digital Services Co Reports Q1 2026: Revenue Up 9.5%, Profit Down, CEO Contract Extended, Acquisition Pending
A digital business services company reported its fiscal 2026 first quarter financial results, showing a 9.5% increase in GAAP revenue year-over-year to $353.8 million but a decline in profit to $21.8 million from $28.9 million the previous year. Adjusted net income rose slightly to $46.0 million. The company attributed profit decreases to acquisition-related expenses, share-based compensation, and investments ahead of revenue growth. It announced the completion of a share buyback program and noted a pending acquisition by a multinational technology firm, with a definitive agreement in place. The CEO's contract was extended through the earlier of one year or the acquisition closing. The company disclosed risks including regulatory, economic, and operational uncertainties, and stated that forward-looking statements are subject to change. Financial details will be further elaborated in an upcoming SEC filing.
July 24, 2025
$120M Industrial Park Launch Boosts Supply Chain with Smart, Sustainable Tech and Strategic Connectivity
A supply chain infrastructure services company has launched its largest industrial park in a major Indian state, spanning 188 acres with a $120 million investment. The park is strategically located near key highways and rail infrastructure, enhancing connectivity to industrial hubs and ports across western India. It aims to support demand from sectors including automotive, engineering, electronics, and logistics by offering flexible built-to-suit options and incorporating sustainable, smart technologies such as low-carbon materials, energy-efficient lighting, RFID sensors, and emission-free intra-park mobility. The development aligns with national logistics and manufacturing policies, reinforcing the company's commitment to infrastructure-led economic growth and supply chain efficiency in the region.
July 24, 2025
New Dual-Form Industrial Robots with 600kg Capacity and Advanced Autonomous Features Revolutionize Logistics
A robotics company has introduced a new series of industrial delivery robots designed for heavy-payload logistics in complex manufacturing and warehouse environments. The robots feature a dual-form design, including a standard model with manual controls and an underride model capable of autonomously transporting racks. Key innovations include a 600kg load capacity, flexible deployment without physical modifications, advanced shelf recognition for autonomous pick-up and drop-off, real-time elevator scheduling to reduce wait times, on-premises data deployment for enhanced security, adaptive navigation in narrow aisles, compatibility with industry communication protocols, multi-layer safety systems, and IoT integration for facility interaction. These features aim to improve throughput, labor flexibility, and safety while supporting scalable, automated intralogistics operations across various industrial sectors.
July 24, 2025
Beverage Brand and Music Group Launch Fusion Music Initiative Blending Bollywood and Hip-Hop Styles
A beverage company in partnership with a global music group has launched a new music initiative featuring a fusion of Bollywood melody and hip-hop. The project, branded under the company's flagship music platform, promotes creative freedom and genre-blending collaborations among artists, aiming to engage youth audiences. The first track of the season, a collaboration between two artists, exemplifies bold and authentic expression. Executives from both the beverage company and the music group emphasize the platform's role in fostering innovative musical experiences that reflect evolving cultural identities. The initiative aligns with the company's marketing strategy targeting young, progressive consumers and is part of a broader campaign promoting its brand philosophy. The music is distributed across multiple digital platforms, with additional collaborations planned for release. The company holds a portfolio of premium alcoholic beverage brands and maintains a commitment to corporate social responsibility and sustainability.
July 24, 2025
881 Hoax Bomb Threats Target Airlines Since 2022, Security Protocols Strengthened to Curb Disruptions
Airlines have received a total of 881 hoax bomb threats from 2022 to July 20, 2025, including 69 threats in 2025 alone. The Bureau of Civil Aviation Security has implemented strict protocols in coordination with law enforcement and security agencies to manage these threats, minimizing disruption to flight operations. In Karnataka, 94 hoax bomb threats were reported from 2021 to July 2025, but no arrests have been made in connection with these incidents. Legal actions against individuals responsible for hoax threats remain unreported, despite the frequency of such threats.
July 24, 2025
Denim Brand Teams Up with Top Tamil Actor to Boost Style and E-Commerce Growth Nationwide
A leading denim and menswear brand in Tamil Nadu has appointed a prominent Tamil film actor as its official brand ambassador to enhance its appeal among young consumers. The partnership aligns with the brand's expansion strategy, including growth through e-commerce across India. The actor's image and style are intended to embody the brand's values of authenticity, versatility, and quality craftsmanship. A comprehensive marketing campaign will leverage the actor's popularity to strengthen the brand's market presence and attract style-conscious customers. The brand currently operates nearly 50 retail outlets in South India and aims to maintain its reputation for accessible luxury and superior fit while expanding nationally.
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